Comparison between Ritco Logistics IPO and Surani Steel Tubes IPO.
Ritco Logistics IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Surani Steel Tubes IPO is a SME Bookbuilding proposed to list at NSE SME.
| Ritco Logistics IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ritco Logistics IPO is up to ₹45.74 Cr whereas the issue size of the Surani Steel Tubes IPO is up to ₹12.26 Cr. The final issue price of Ritco Logistics IPO is ₹73.00 per share and of Surani Steel Tubes IPO is ₹52.00 per share.
| Ritco Logistics IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | ₹51.00 per share |
| Issue Price (Upper) | ₹73.00 per share | ₹52.00 per share |
| Issue Price (Final) | ₹73.00 per share | ₹52.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 46,65,600 shares | 23,58,000 shares |
| Fresh Issue Size (Amount) | up to ₹34.06 Cr | up to ₹12.26 Cr |
| OFS Issue Size | 16,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹11.68 Cr | up to ₹0.00 Cr |
| Issue Size Total | 62,65,600 shares | 23,58,000 shares |
| Issue Size Total (Amount) | up to ₹45.74 Cr | up to ₹12.26 Cr |
Ritco Logistics IPO opens on Jan 28, 2019, while Surani Steel Tubes IPO opens on Jan 25, 2019. The closing date of Ritco Logistics IPO and Surani Steel Tubes IPO is Jan 30, 2019, and Jan 29, 2019, respectively.
| Ritco Logistics IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 28, 2019 | Jan 25, 2019 |
| Issue Close | Jan 30, 2019 | Jan 29, 2019 |
| Basis Of Allotment (Tentative) | Feb 04, 2019 | |
| Initiation of Refunds (Tentative) | Feb 05, 2019 | |
| Credit of Share (Tentative) | Feb 06, 2019 | |
| Listing date (Tentative) | Feb 07, 2019 | Feb 06, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ritco Logistics IPO P/E ratio is , as compared to Surani Steel Tubes IPO P/E ratio of .
| Ritco Logistics IPO | Surani Steel Tubes IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Ritco Logistics financial Information (Restated)
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 78.44 | 20,95,000 Shares (36.12) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ritco Logistics IPO Retail Individual Investors (RII) are offered 31,32,800 shares while in Surani Steel Tubes IPO retail investors are offered 31,32,800 shares. Qualified Institutional Buyers (QIB) are offered in Ritco Logistics IPO and in Surani Steel Tubes IPO.
| Ritco Logistics IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 3,34,400 shares | 1,26,000 shares |
| QIB | ||
| NII | 31,32,800 shares | 11,78,000 shares |
| RII | 31,32,800 shares | 11,80,000 shares |
| Employee | ||
| Others | ||
| Total | 62,65,600 shares | 23,58,000 shares |
Ritco Logistics IPO subscribed 1.39x in total, whereas Surani Steel Tubes IPO subscribed 1.55x.
| Ritco Logistics IPO | Surani Steel Tubes IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.82x | 1.70x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.96x | 1.23x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.39x | 1.55x |
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